GDP (current US$) (UNESCO Institute) in Italy
Italy: GDP (current US$) (UNESCO Institute) was 2.37 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
2.37 trillion current US$
Change on year
up 3.0%
World rank
8th
of 211 countries
All-time high
2.42 trillion current US$
in 2008
All-time low
113.66 billion current US$
in 1970
Years of data
55
1970–2024
GDP in Italy, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Italy recorded 2.37 trillion current US$ for gdp in 2024.
That represents a change of up 3.0% on the previous year and up 9.2% over ten years.
Over the whole period, gdp in Italy peaked at 2.42 trillion current US$ in 2008 and was at its lowest, 113.66 billion current US$, in 1970.
Italy ranks 8th of 211 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Italy, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 113.66 billion current US$ | — |
| 1971 | 124.96 billion current US$ | +9.9% |
| 1972 | 145.59 billion current US$ | +16.5% |
| 1973 | 175.90 billion current US$ | +20.8% |
| 1974 | 200.02 billion current US$ | +13.7% |
| 1975 | 228.22 billion current US$ | +14.1% |
| 1976 | 225.24 billion current US$ | -1.3% |
| 1977 | 258.19 billion current US$ | +14.6% |
| 1978 | 315.78 billion current US$ | +22.3% |
| 1979 | 394.58 billion current US$ | +25.0% |
| 1980 | 478.36 billion current US$ | +21.2% |
| 1981 | 431.70 billion current US$ | -9.8% |
| 1982 | 428.26 billion current US$ | -0.8% |
| 1983 | 444.06 billion current US$ | +3.7% |
| 1984 | 438.90 billion current US$ | -1.2% |
| 1985 | 453.26 billion current US$ | +3.3% |
| 1986 | 641.86 billion current US$ | +41.6% |
| 1987 | 807.57 billion current US$ | +25.8% |
| 1988 | 893.66 billion current US$ | +10.7% |
| 1989 | 930.80 billion current US$ | +4.2% |
| 1990 | 1.18 trillion current US$ | +27.2% |
| 1991 | 1.25 trillion current US$ | +5.5% |
| 1992 | 1.32 trillion current US$ | +5.9% |
| 1993 | 1.07 trillion current US$ | -19.3% |
| 1994 | 1.10 trillion current US$ | +3.2% |
| 1995 | 1.18 trillion current US$ | +6.9% |
| 1996 | 1.31 trillion current US$ | +11.7% |
| 1997 | 1.24 trillion current US$ | -5.3% |
| 1998 | 1.27 trillion current US$ | +2.2% |
| 1999 | 1.25 trillion current US$ | -1.4% |
| 2000 | 1.15 trillion current US$ | -8.4% |
| 2001 | 1.17 trillion current US$ | +1.9% |
| 2002 | 1.28 trillion current US$ | +9.4% |
| 2003 | 1.58 trillion current US$ | +23.5% |
| 2004 | 1.81 trillion current US$ | +14.5% |
| 2005 | 1.86 trillion current US$ | +2.9% |
| 2006 | 1.96 trillion current US$ | +5.0% |
| 2007 | 2.22 trillion current US$ | +13.5% |
| 2008 | 2.42 trillion current US$ | +8.8% |
| 2009 | 2.21 trillion current US$ | -8.6% |
| 2010 | 2.14 trillion current US$ | -2.9% |
| 2011 | 2.31 trillion current US$ | +7.6% |
| 2012 | 2.10 trillion current US$ | -9.1% |
| 2013 | 2.15 trillion current US$ | +2.6% |
| 2014 | 2.17 trillion current US$ | +0.9% |
| 2015 | 1.85 trillion current US$ | -15.1% |
| 2016 | 1.89 trillion current US$ | +2.3% |
| 2017 | 1.97 trillion current US$ | +4.4% |
| 2018 | 2.10 trillion current US$ | +6.5% |
| 2019 | 2.02 trillion current US$ | -3.8% |
| 2020 | 1.91 trillion current US$ | -5.6% |
| 2021 | 2.18 trillion current US$ | +14.2% |
| 2022 | 2.10 trillion current US$ | -3.4% |
| 2023 | 2.30 trillion current US$ | +9.5% |
| 2024 | 2.37 trillion current US$ | +3.0% |
Italy compared with similar countries
- Italy's 2.37 trillion current US$ is above the median for high income countries, which is 92.86 billion current US$, 25.6× the median. (82 countries reporting)
- Italy's 2.37 trillion current US$ is above the median for Europe & Central Asia, which is 93.20 billion current US$, 25.5× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 218.21 billion current US$ | 113.66 billion current US$ | 394.58 billion current US$ | 10 |
| 1980s | 594.84 billion current US$ | 428.26 billion current US$ | 930.80 billion current US$ | 10 |
| 1990s | 1.22 trillion current US$ | 1.07 trillion current US$ | 1.32 trillion current US$ | 10 |
| 2000s | 1.77 trillion current US$ | 1.15 trillion current US$ | 2.42 trillion current US$ | 10 |
| 2010s | 2.07 trillion current US$ | 1.85 trillion current US$ | 2.31 trillion current US$ | 10 |
| 2020s | 2.17 trillion current US$ | 1.91 trillion current US$ | 2.37 trillion current US$ | 5 |
Countries ranked near Italy
More population data for Italy
- Population regions with projections, annual growth rate -0.6708 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7397 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.6708 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.5615 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 52,250 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.3544 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.3246 % change on previous year (2100)
- Population growth rate -0.676 (2100)
- Population density 119.63 (2100)
- Projected population under age 5 1.26 million (2100)
Frequently asked questions
- What is gdp in Italy?
- Gdp in Italy was 2.37 trillion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Italy?
- The highest recorded value was 2.42 trillion current US$ in 2008.
- What is the lowest gdp recorded in Italy?
- The lowest recorded value was 113.66 billion current US$ in 1970.
- How does Italy rank for gdp?
- Italy ranks 8th out of 211 countries with data for 2024.
- Is gdp rising or falling in Italy?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release